STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $733.0M | $1.4B | $1.4B | $1.5B | $1.5B | |
| YoY % | +65.5% | +89.9% | +2.0% | +2.3% | +1.5% | |
| P / Sales | 4.0x | 1.2x | 1.4x | 1.1x | 0.9x | |
| EV / Sales | 8.1x | 2.5x | 3.3x | 3.0x | 2.7x | |
| Gross Profit, Adj. | $236.5M | $508.4M | $478.9M | $492.3M | $490.0M | |
| YoY % | +272.6% | +115.0% | -5.8% | +2.8% | -0.5% | |
| Margin % | 32.3% | 36.5% | 33.7% | 33.9% | 33.2% | |
| EV / Gross Profit | 25.2x | 6.8x | 9.9x | 8.8x | 8.0x | |
| EBITDA, Adj. | $91.6M | $347.7M | $329.9M | $361.7M | $320.3M | |
| YoY % | +197.2% | +279.4% | -5.1% | +9.7% | -11.4% | |
| Margin % | 12.5% | 25.0% | 23.2% | 24.9% | 21.7% | |
| EV / EBITDA | 65.1x | 10.0x | 14.3x | 11.9x | 12.3x | |
| EBIT | $-154.5M | $8.5M | $7.4M | $84.0M | $43.8M | |
| YoY % | +62.3% | +105.5% | -12.8% | +1030.1% | -47.9% | |
| Margin % | -21.1% | 0.6% | 0.5% | 5.8% | 3.0% | |
| EV / EBIT | -38.6x | 406.0x | 635.1x | 51.4x | 89.6x | |
| Net Income | $-235.0M | $-124.1M | $-113.3M | $-46.8M | $-105.7M | |
| YoY % | +44.6% | +47.2% | +8.7% | +58.7% | -126.1% | |
| Net Margin | -32.1% | -8.9% | -8.0% | -3.2% | -7.2% | |
| EPS (GAAP) | -$1.80 | -$0.95 | -$0.93 | -$0.39 | -$0.90 | |
| YoY % | +44.6% | +47.2% | +2.1% | +58.1% | -130.8% |